All articles tagged with #cancellation rates
The suspension of Jimmy Kimmel's show led to a doubling of cancellation rates for Disney+ and Hulu in September, but both services also experienced increased sign-ups, partly offsetting the cancellations. Despite the controversy, Disney+ and Hulu saw higher new subscriber numbers compared to previous months, even amid price hikes and the decision to stop reporting detailed subscriber metrics.
KB Home CEO Jeffrey Mezger believes that the U.S. housing market has hit bottom and is optimistic about the sales rebound. Despite rising mortgage rates and deteriorating affordability, Mezger attributes the strong demand to a lack of inventory in both new and existing homes, coupled with strong demographic demand from millennials and Gen Zs. KB Home has reduced house prices by around 9-10% and expects to reach its 2022 price peak again in 2024. However, if inventory levels start to increase rapidly, it could signal a need to stop raising prices and focus on selling homes.